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Uranium Stocks: Stay with them

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Email This Page: Topic: Uranium — November 10th, 2006
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Keep hold of your uranium stocks this bull market is only just beginning. As the uranium tide comes in all the stocks will float higher. But we want the stocks that are going to do a little more than just float to higher ground.

We have made no additions to our current portfolio and will continue to stick with it. All the stocks are performing extremely well with the exception of Cameco Corporation. The water problems at Cigar Lake do need to be resolved for this giant to move forward but you could argue that the longer the uranium stays in the ground the higher the price will be when it finally emerges. We will hold for the moment, however if you prefer to switch to a faster moving company then please do so.

The important point here is to keep some of your funds in uranium stocks. We have noticed one or two analysts talking about the possibility of uranium moving up the $100.0 level, a level that we predicted months ago. We are now confident enough to raise the target again to $200.0 per pound and it won’t take too long to reach this level.

Hang on in there, its going to be an amazing ride.

We are continually researching new companies looking for investment opportunities and will publish this data when the timing looks good.

10 November 2006

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